NOT LISTED FOR SALE

10 Merrimac Cove Ruther Glen, VA 22546

Estimated Value: $353,000 - $378,000

0.37 Acre
$1,003,208 Price per Acre
16,117 Sq Ft Lot

Last Sold February 05, 2019

Last sale price $44,000

Est. 744% increase in value since last sale

Current estimated payment $2,414/month

131 Days on Market

Highlights

  • 84 Feet of Waterfront
  • Beach
  • Fishing Allowed
  • Boat Ramp
  • Fitness Center
  • Gated Community

About This Lot

As of February 2019

Great water front lot in Lake Land Or to build your dream home! Public water and sewer hookup are available. This lot features 84 feet of water frontage.

Last Agent to Sell the Property

Jay Greene

(540) 907-0703 jgreene@gohtr.com Hometown Realty Services, Inc. License #0225222100 Listed on: 07/28/2018

Hometown Realty Services, Inc.

Last Buyer's Agent

Donna Holcomb

(804) 814-8181 homelifeaccessrealty@gmail.com HomeLife Access Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $490

Lot Details

  • 0.37 Acre Lot
  • 84 Feet of Waterfront
  • Cost To Obtain Building Permits
  • Property is zoned R1

HOA Fees

  • $88 Monthly HOA Fees

Schools

  • Lewis And Clark Elementary School
  • Caroline Middle School
  • Caroline High School

Additional Features

  • Water Views
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 886
  • Assessor Parcel Number 51A7-1-B-886

Community Details

Overview

  • $1,500 Capital Contribution Fee
  • Association fees include pier/dock maintenance, pool(s), road maintenance, snow removal, security gate
  • Lake Land Subdivision
  • Community Lake

Amenities

  • Common Area
  • Community Center

Recreation

  • Boat Ramp
  • Pier or Dock
  • Beach
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing Allowed
  • Canoe or Kayak Water Access
  • Property is near a lake
  • Swimming Allowed
  • Limit On Boat Length
  • Electric Motor Boats Only
  • Lake Privileges

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$490

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Basement: No
  • Price Per Sq Ft: 3.10

Exterior Features

  • View: Water
  • Water Access Features: Boat - Electric Motor Only, Boat - Length Limit, Canoe/Kayak, Fishing Allowed, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: LAKE HERITAGE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 84

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 1050.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Boat Ramp, Common Grounds, Community Center, Exercise Room, Fitness Center, Gated Community, Lake, Pier/Dock, Pool - Outdoor, Security, Swimming Pool, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance, Pool(s), Road Maintenance, Snow Removal, Security Gate
  • HOA: Yes

Fee Information

  • Capital Contribution Fee: 1500.00

Schools

  • Elementary School: LEWIS AND CLARK
  • High School: CAROLINE
  • Middle Or Junior School: CAROLINE

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.37
  • Lot Size Area: 16152
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16152.00
  • Possible Use: Residential
  • Zoning: R1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16805688
  • Tax Annual Amount: 489.70
  • Assessor Parcel Number: 51A7-1-B-886
  • Tax Lot: 886
  • Tax Page Number: 174
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

Multi Family

  • Dock Slip Conveyance: First Come - First Served

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2019
Sold by
G H Watts Construction Inc
Bought by
Osborne James and Wong Siu Bing
Current Estimated Value
$371,187

Purchase Details

Listed on
Jul 28, 2018
Closed on
Jan 31, 2019
Sold by
Valore Frances M
Bought by
G H Watts Construction Inc
Seller's Agent
Jay Greene
Hometown Realty Services, Inc.
Buyer's Agent
Donna Holcomb
HomeLife Access Realty
List Price
$49,999
Sold Price
$44,000
Premium/Discount to List
-$5,999
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.71%

Purchase Details

Closed on
Aug 8, 2001
Sold by
Platinum Finance Inc
Bought by
Valore Frances M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Osborne James $261,685 Terrys Title
G H Watts Construction Inc $44,000 J T Title And Escrow Llc
Valore Frances M $39,971 --
Platinum Finance Inc $31,791 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2019 02/05/19 Sold $44,000 -12.0% --
07/28/2018 07/28/18 For Sale $49,999 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $287,672 $373,600 $85,000 $288,600
2024 $1,823 $236,800 $81,000 $155,800
2023 $1,823 $236,800 $81,000 $155,800
2022 $1,823 $236,800 $81,000 $155,800
2021 $1,823 $236,800 $81,000 $155,800
2020 $1,640 $197,600 $65,000 $132,600
2019 $1,307 $59,000 $59,000 $0
2018 $490 $59,000 $59,000 $0
2017 $490 $59,000 $59,000 $0
2016 $484 $59,000 $59,000 $0
2015 $504 $70,000 $70,000 $0
2014 $504 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002117668

Bright MLS

APN: 51A7-1 B-886